Devon Energy to Buy Rival Shale Company

• Tuesday, 29th September 2020
• by Editorial Team

US oil and gas producer, Devon Energy Corporation, will buy shale-oil rival WPX Energy for an estimated $2.56 billion as it looks to cement its position in the top US oilfield, according to Reuters. The deal, which co...

36 Oil Tanks Catch Fire in New Mexico, USA

• Thursday, 14th July 2016
• by Egypt Oil & Gas

A massive fire broke out at an oil field operated by WPX Energy, in San Juan County, New Mexico. The fire caused several explosions that led to the closing of the nearby highways and forced the local residents out of ...